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Updated over 11 years ago on . Most recent reply

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Jerry Padilla
  • Lender
  • Rochester, NY
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Don't accept checks from renters!

Jerry Padilla
  • Lender
  • Rochester, NY
Posted

in my experience of accepting checks half the time they seem to bounce. Not only do I not recieve my rent I get charged a bounced check fee.

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PrimeLending

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied

low income rentals we do money order or certified checks only.

Higher priced units or tenants with a proven track record we will take checks from.

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